LeBruin today announces that it has acted as an advisor to Mr Paddy McKillen and his investment partner in relation to a €155m refinancing facility for Jervis Shopping Centre in Dublin City Centre. LeBruin, who organised a refinancing facility from M&G Investments London for the centre in 2013, was asked by Mr McKillen to revisit the international funding market, in conjunction with Eastdil Secured, to source refinancing options for the prime asset.
The refinancing facility for the 385,000 sq. ft. shopping centre, which includes high profile tenants such as Topshop, Forever 21, Tesco and Burger King, has been provided by AIB Real Estate Finance.
Commenting on LeBruin’s involvement in the refinancing process, Managing Director Tom Browne stated “Having completed the original refinancing of Jervis Shopping Centre in 2013, LeBruin were well placed to advise our clients on the current refinancing options for this high quality asset. The competitive refinancing achieved demonstrates our ability to source extensive local and international funding options for projects in the Irish market. It is particularly pleasing to have been involved in a refinancing project for an existing client, as we are always keen to develop ongoing relationships based on a track record of delivery and professional service. We look forward to continuing to provide comprehensive funding options for new and existing clients in the future”.
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About LeBruin
LeBruin is a leading Corporate Finance and Debt Advisory firm based in Dublin, Ireland. With offices in Dublin and London, LeBruin has a track record in delivering for clients in the areas of Funding, Debt Management and Debt Restructuring.
Independent and working only for its clients, LeBruin specialises in matching clients with new sources of traditional and non-traditional funding, delivering effective solutions in the form of senior debt and equity finance across a range of business sectors. LeBruin also works with a number of equity funds who have a keen appetite to invest in projects, enabling it to meet its clients’ financing needs. In total, LeBruin has raised over €10 billion in new debt and equity for its clients since inception. For more information, please visit www.lebruinprivate.com.